Renishaw (RSW)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

4,025.00p
   
  • Change Today:
      40.00p
  • 52 Week High: 4,370.00
  • 52 Week Low: 2,950.00
  • Currency: UK Pounds
  • Shares Issued: 72.79m
  • Volume: 10,864
  • Market Cap: £2,929.74m
  • RiskGrade: 147

Renishaw scraps final dividend in response to Covid-19 crisis

By Frank Prenesti

Date: Friday 05 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Scientific engineer Renishaw scrapped its final dividend in response to the coronavirus crisis as it looked to control costs.
"The board continues with measures to closely manage the group's cost base, particularly in relation to our labour costs," Renishaw said.

The company on Friday said it would review its position with the intention of reinstating the dividend "as soon as it is appropriate to do so", adding that current trading remained in line with expectations with a trading update last month.

Renishaw at the time said it expected profits this year of £45m - £55m after a 60% slump in the third quarter, when the impact of the pandemic was being felt in China, one of its key markets. The company last year made profits of £104m.

The company makes precision instruments for the manufacture and inspection of engine and automation parts in the aerospace, automotive and agricultural sectors. It also supplies technologies in smartphones and the development of 5G telecommunications.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Renishaw Market Data

Currency UK Pounds
Share Price 4,025.00p
Change Today 40.00p
% Change 1.00 %
52 Week High 4,370.00
52 Week Low 2,950.00
Volume 10,864
Shares Issued 72.79m
Market Cap £2,929.74m
RiskGrade 147

Renishaw Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.82% below the market average78.82% below the market average78.82% below the market average78.82% below the market average78.82% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
33.91% above the market average33.91% above the market average33.91% above the market average33.91% above the market average33.91% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average
Income
82.35% below the market average82.35% below the market average82.35% below the market average82.35% below the market average82.35% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Growth
2% below the market average2% below the market average2% below the market average2% below the market average2% below the market average
37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 3
Sell 1
Strong Sell 1
Total 7
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renishaw Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Mar-24 02-Nov-23
Paid 09-Apr-24 07-Dec-23
Amount 16.80p 59.40p

Trades for 17-Jun-2024

Time Volume / Share Price
13:14 91 @ 4,025.00p
13:11 8 @ 4,025.00p
13:11 14 @ 4,025.00p
13:11 30 @ 4,025.00p
13:10 68 @ 4,020.00p

Renishaw Key Personnel

CEO William Lee

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